Since the beginning of this year, many salaried people are more concerned about the new personal income tax. It is reported that on January 1, the new personal income tax law was implemented. What are the changes in the tax rate table after the implementation of the new personal income tax? Let's summarize the personal income tax rate table in 2019. Let's hurry to see how your salary tax is calculated.
Wages need to be taxed, which is stipulated by the state. For wage earners, they have to pay taxes when they get a little salary every month. It's hard to think about it. However, since the increase of the starting point of personal income tax, most people don't need to pay taxes on their wages. For these people, it means they have more wages.
From October 1, 2018, the individual income tax will be implemented according to the starting point of 5000 yuan, and the individual income tax will be calculated according to the new tax rate table after the reform.
From January 1, 2019, another welfare policy has been formally implemented, which is the Interim Measures for special additional deduction of individual income tax. After the implementation of the measures, taxpayers who meet the conditions of special deduction can enjoy special deduction on the basis of the starting point of 5000 yuan. The "special items" in the special additional deduction mainly refer to the following six items:
1. Children's education. If the taxpayer has children over 3 years old undergoing preschool education or academic education, then each child can be specially deducted according to the standard of 12000 yuan per year;
2. Continuing education. If the taxpayer is engaged in continuing education for academic qualifications or continuing education for vocational qualifications, the course of continuing education for academic qualifications shall be deducted according to the standard quota of 400 yuan per month, and the taxpayer who is engaged in continuing education for vocational qualifications can deduct 3600 yuan at one time in the year when he obtains the professional certificate;
3. Housing loan interest. If the taxpayer or his or her spouse has the first flat in repayment, he or she can enjoy a fixed deduction of 1000 yuan per month;
4. Housing rent. If taxpayers do not have their own housing in the main working city, they can enjoy the fixed deduction of 1500 yuan, 1100 yuan and 800 yuan according to the size of the main working city.
5. Serious illness treatment. If the medical expenses incurred by the taxpayer and his immediate family members exceed 15000 yuan after the reimbursement of medical insurance, the individual income tax can be deducted according to the actual amount, and the maximum deduction is 80000 yuan;
6. Support the elderly. If the taxpayer has parents over 60 years old, or grandparents who have lost their children, they can enjoy a fixed deduction of 2000 yuan per month. If the taxpayer is not an only child, they need to share a deduction of 2000 yuan with other brothers and sisters, and each person can share a maximum of 1000 yuan.
It is understood that after the implementation of the new tax law, it has brought huge benefits to the broad masses of the people. Some middle-income and low-income people do not have to pay individual income tax. They pay more than 1000 yuan a month, reducing a lot of burden on the family's economy. With six special tax deductions, even if they earn more than 10000 yuan a month, they can be exempted from tax. For the common people, it is a real big welfare.